improvement was mostly a result of lower prices of raw materials this year and improvement of production reliability. Financial Ratios Q3 2019 Q3 2018 Gross profit margin 28.6% 20.2% Net profit margin 22.0
improvement was mostly a result of lower prices of raw materials this year. * Note Please find further information in the consolidated financial statements. 2 Financial Ratios Q1 2020 Q1 2019 Gross profit
percent when compared to same period of previous year which has other revenue of 1.13 Million Baht due to sell scrap raw materials, income from insurance claim and compromise with trade creditors (2
control and cost of raw materials has decreased when compared to the same quarter of the last year. 3. Other income increased by 22.67 million baht from 4.97 million baht in 2019 to 27.64 million baht in
efficiency control and cost of raw materials has decreased when compared to the same quarter of the last year. 3. Other income of the company consists of scrap sales and tax cards income mainly. 4. Gain from
committing or permitting another to act so as to falsify the accounts of GSTEL and GLS by making false entries concerning the purchase of raw materials from overseas suppliers materially lower than the actual
securities offering prior to the effective date of the registration statement and draft prospectus. Clause 11. A securities underwriter shall not disseminate an article or research paper prepared by itself, a
statement and draft prospectus. Clause 11. A securities underwriter shall not disseminate an article or research paper prepared by itself, a co-underwriter or a related securities company which relates to the
underwriter shall not disseminate an article or research paper prepared by itself, a co-underwriter or a related securities company which relates to the underwritten securities or other securities relating to
composites, such as wadding, insulation, filtration, automotive acoustic insulation material and other products where heat is used to bond the fibers. The HIAM plant is expected to start operations in 2019